News about development

KUALA LUMPUR (Nov 10): Shares in IOI Properties Group Bhd slumped the most in a month yesterday, after the property developer was reported to have place a record bid of S$2.

KUALA LUMPUR (Nov 9): IOI Properties Group Bhd submitted a S$2.

BEIJING (Nov 3): Malaysia has attracted growing investment interest from major China companies, among which is the giant real estate developer, China Fortune Land Development Co Ltd (CFLD), Bernama reported today.

KELANA JAYA (Nov 2): Housing prices  could only come down to the affordable level if all stakeholders were  willing to work together to bring down the development cost, said Rehda (Real Estate and Housing Developers’ Association) Institute chairman Datuk Jeffrey Ng Tiong Lip.

SINGAPORE (Oct 28): GuocoLand’s participation in Eco World Development Group’s planned IPO of Eco World International (EWI) has CIMB maintaining its “add” call with a target price of S$2.

KUALA LUMPUR (Oct 25): Parkwood Developments Sdn Bhd, the property arm of steel pipe-maker Amalgamated Industrial Steel Bhd, has unveiled its maiden property project called Avant Industrial Park in Section 15, Shah Alam.

KUALA LUMPUR (Oct 21): Mah Sing Bhd believes the stamp duty increment for homes worth more than RM1 million will encourage advance buying of completed properties prior to Jan 1, 2018 when the hike takes effect.

KUALA LUMPUR (Oct 19): Shares in UEM Sunrise Bhd's (UEMS) drop 1.

PJ Development Holdings Bhd (PJD), which is in the process of being taken private by Tan Sri Ong Leong Huat’s flagship OSK Holdings Bhd, is looking to divest three of its hotels — one each in Pahang, Johor and Kedah — for an estimated RM200 million.

PETALING JAYA (Oct 14): Boutique developer Artisan Development is set to unveil the show unit of its latest landed home project — The Edge of U-Thant, some time between Oct 17 and 22.